This is my view on Nasdaq. I anticipate that Nasdaq will either start buying from the 1st order block or the other order block down there. I'll wait to get confirmation and execute when I get the confirmation. #like #follow and comment below on what you think.
I'll be looking for selling opportunities at the OB at 1.26060. We broke the structure, and what makes the OB even more high probable is the fact that it took out liquidation. So, I'll be looking to sell from there. #Comment your thoughts on this :)
Expecting the price to push a bit higher and will be looking for sells at the blue area.
We might expect the market to short till it reaches that zone shown, also making our 3rd touch of the trendline. Will be buying from there.
Will be looking for buy entries at that zone and it'll be supported by the trendline as well. This supports the previous analysis provided
Expecting the market to push to the next OB because it has tested an OB seen on daily. We might now push up till the zone which will be our first tp
Expecting a buy on the zone till we get our 3rd touch(seen on 1H timeframe)
Expecting the market to push higher as we are on our support zone
We can expect our 3rd touch of the trendline plus there is an OB at 4h
We can expect the market to push up further till the 3rd touch of the trendline.
At break of that zone, we can now expect price to push higher
I'll be looking for selling opportunities at the zone where my order block is situated.
We can expect to see NAS100 dropping further till 13720. Since we are in a downtrend and that channel can aid us into identifying where price is headed to.
Somewhere in that OB/ zone we can look for buying opportunities. We are in an uptrend so now will be a good time to hop into the trend. I recommend one goes to lower timeframe(15 - 5mins) to find any setups/ patterns that can aid them in finding good entries.
We can see that we've reached an OB on an hourly timeframes. Break of the trendline might result in us selling. Be vigilant of the way in which price breaks the trendline(is the break impulsive or corrective? if it is impulsive we might expect the market to impulsively sell and if its corrective we might expect the market to create some form of structure(as shown...
Reached our hourly order block and hoping to short till tp2 #GBPUSD #LIKE #FOLLOW #COMMENT
Gold has reached our point of interest. We can now start lookin for selling opportunities :) #like #follow #comment
We have reached our daily orderblock. Buyers will now continue being in control